SEC Form 4 · accession 0001140361-15-002224
SONIC CORP · SONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Vaughan
Officer — Exec. Vice Pres. & CFO
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000868611
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | M | 63,150 | $10.15 | A | 159,013 | D | |
| Common StockF2,F1 | Jan 15, 2015 | S | 63,150 | $31.5102 | D | 95,863 | D | |
| Common StockF1 | Jan 16, 2015 | M | 12,497 | $21.65 | A | 108,360 | D | |
| Common StockF1 | Jan 16, 2015 | M | 2,055 | $10.15 | A | 110,415 | D | |
| Common StockF3,F1 | Jan 16, 2015 | S | 14,552 | $31.6603 | D | 95,863 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive stock option (right to buy) | $10.15 | Jan 15, 2015 | M | 9,853 | D | Jan 15, 2012 | Jan 15, 2016 | Common Stock | 9,853 | 0 | D |
| Non-qualified stock option (right to buy) | $10.15 | Jan 15, 2015 | M | 53,297 | D | Jan 15, 2012 | Jan 15, 2016 | Common Stock | 53,297 | 2,055 | D |
| Incentive stock option (right to buy) | $21.65 | Jan 16, 2015 | M | 4,166 | D | Apr 6, 2008 | Apr 6, 2015 | Common Stock | 4,166 | 0 | D |
| Nonqualified stock option (right to buy) | $21.65 | Jan 16, 2015 | M | 8,331 | D | Apr 6, 2008 | Apr 6, 2015 | Common Stock | 8,331 | 0 | D |
| Non-qualified stock option (right to buy) | $10.15 | Jan 16, 2015 | M | 2,055 | D | Jan 15, 2012 | Jan 15, 2016 | Common Stock | 2,055 | 0 | D |
Explanation of responses
- F1The total number of shares beneficially owned directly includes 5,911 shares held in the 1991 Sonic Corp. Stock Purchase Plan as of January 15, 2015.
- F2This price represents the weighted average sales price. The shares sold at prices ranging from $31.50 to $31.62 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.
- F3This price represents the weighted average sales price. The shares sold at prices ranging from $31.50 to $31.96 per share. The reporting person will provide full details regarding the number of shares sold at each separate price upon the SEC's request.